Perennial Investment Advisors LLC Has $1.25 Million Holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Perennial Investment Advisors LLC lessened its holdings in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 3.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,870 shares of the company’s stock after selling 534 shares during the period. Perennial Investment Advisors LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $1,249,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Camden National Bank lifted its position in iShares MSCI USA Min Vol Factor ETF by 3.7% in the fourth quarter. Camden National Bank now owns 61,741 shares of the company’s stock worth $4,818,000 after purchasing an additional 2,188 shares during the period. Morningstar Investment Services LLC boosted its position in shares of iShares MSCI USA Min Vol Factor ETF by 96.7% in the 4th quarter. Morningstar Investment Services LLC now owns 10,924 shares of the company’s stock worth $851,000 after purchasing an additional 5,369 shares during the last quarter. Focus Financial Network Inc. ADV bought a new position in shares of iShares MSCI USA Min Vol Factor ETF in the 4th quarter worth $7,550,000. Harvest Investment Services LLC acquired a new position in iShares MSCI USA Min Vol Factor ETF in the fourth quarter valued at about $61,000. Finally, Tradition Wealth Management LLC grew its stake in iShares MSCI USA Min Vol Factor ETF by 34.0% in the fourth quarter. Tradition Wealth Management LLC now owns 112,962 shares of the company’s stock valued at $8,814,000 after acquiring an additional 28,667 shares during the period.

iShares MSCI USA Min Vol Factor ETF Price Performance

Shares of iShares MSCI USA Min Vol Factor ETF stock opened at $91.80 on Tuesday. The firm has a market cap of $26.90 billion, a price-to-earnings ratio of 25.30 and a beta of 0.59. The stock’s 50-day moving average is $88.04 and its 200-day moving average is $84.48. iShares MSCI USA Min Vol Factor ETF has a one year low of $47.44 and a one year high of $55.45.

iShares MSCI USA Min Vol Factor ETF Company Profile

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.